Member Info for Jarv55

Worth a read https://www.edisongroup.com/wp-content/uploads/2019/03/e-Therapeutics-The-benefits-of-partnerships-and-cost-control.pdf

Start of the move back up

https://invst.ly/b47qn

Read somewhere some instis have a 50mc on companies they invest in what price did they start selling 6 weeks ago?

Buy the dips the oil is still there.

Comeonvog the iis are they just the americans and are changing their investing criteria?

Not sure how they got 9% maybe they added after the 14th?

Zion SPC - Access Fund SP 66,927,015 12.47
Capital Group 42,422,391 7.91
Allan Gray Investment Management 42,381,305 7.90
Olalekan Akinyanmi 41,868,293 7.8
Baron Capital Management 38,041,708 7.09
IFM Independent Fund Management 26,987,000 5.03
RWC Partners 26,916,147 5.02
River and Mercantile Asset Management 22,490,112 4.19
Jennison Associates 21,358,353 3.98
Hadron Capital 20,688,553 3.86

Teaboy thank you

If they get funding soon this price will be a gift can see a take over here.

Has anyone got the shareholders list please

Very undervalued when does the market click?
The CPR, prepared by McDaniel Associates & Consultants Ltd. ("McDaniel"), focuses on the Company's discovered conventional oil accumulations only. The Company expects to see the field's significant gas resources reflected in a future update to the CPR.

https://twitter.com/hacksupreme/status/1143488469228040192

That is going to be some profit they are making

CEO, Olalekan Akinyanmi, said: "The priority for 2019 is to grow production volumes at Otakikpo through Phase Two development (subject to funding) to reach gross volumes of 15,000 to 20,000 bopd. The first step has already occurred, with 3D seismic data acquisition and interpretation now completed.

"We also continue to advance toward the start of the appraisal drilling programme on Ogo in OPL 310. We will work with our joint venture partner, Optimum to negotiate agreements that will allow us to make progress on the block, after securing all relevant regulatory extensions and approvals.

"In light of delays to key initiatives on assets, the Company is taking action on general and administrative costs with the aim of a reduction of 25% annually including a 25% cut in Board remuneration.

"The next year should therefore provide key catalysts for value appreciation for shareholders as we move forward in building a leading Africa-focused exploration and production business."

Profit taking all part of the process lets the small percentage traders out and in come the multibagger returns investors.

Bought a few like the chart and the fundamentals look pretty good too
(Alliance News) - Nigeria-focused oil and gas firm Lekoil Ltd has swung to an annual profit, the company reported on Wednesday, as revenue grew strongly.

Lekoil shares were 14% higher on Wednesday morning at 3.58 pence each.
Lekoil, which produces from the Otakikpo oil field, produced an average of 2,076 barrels of oil per day net during 2018.

Otakikpo began producing in 2017.

Looking ahead, Lekoil is aiming at net oil production of between 6,000 barrels and 8,000 barrels of oil a day.
The firm's revenue rose 58% to USD48.7 million, and Lekoil posted a pretax profit of USD2.3 million after a USD14.8 million pretax loss in 2017.

Lekoil said 2018 was a milestone year for the company. As well as expanding Otakikpo, Lekoil has two more licences, both currently in the exploration stage.

At OPL310, Lekoil is in a dispute with the Nigerian government over buying a further stake, while at OPL325, the company is finalising a production sharing contract ahead of a farm-down.

Due to some delays on "key initiatives", Lekoil said, it is to reduce costs by 25% annually, including reducing board pay by the same amount.

"The next year should provide key catalysts for value appreciation for shareholders as we move forward in building a leading Africa-focused exploration and production business," said Chief Executive Olalekan Akinyanmi.

They must be nearly finished big 10 mill sell yesterday they certainly have killed the sp movement here once they are out should see a nice move up.

Think everyone should start researching the bod members
https://www.theguardian.com/technology/appsblog/2012/nov/12/fanatix-app-back-page-sports

Crazyfox suggest you go back about 100 pages and start reading

If Hobs is buying that means he is ramping to his group that is fine by me they can buy up all the funds shares

yea we are due news just a few hundred million shares to get through yet